How do you folks track various expenses (furnishing, food, payroll, local & air transportation, referral fee, licensing fee, repairs/renovation etc.)?Do you link business credit card (or bank account) to QuickBoo...
Just a thought, and curious as to others' thoughts on this as well...I've been thinking about the DTI (debt-to-income) ratio used in lending decisions. For those unfamiliar, lenders typically will not lend to a borrow...
Hello All, Would like to have your input as to what town or towns in south jersey have high rental probability in SFH? I'm looking to make my first purchase and would hate to buy a home in an area where renting a hom...
OK, as I prepare my credit, DTI, and savings for a multifamily purchase, I would like advice on my current car loan situation. This would obviously significantly lower my DTI ratio, however would temporarily lower my ...
Hello BP'ers! I'm a new landlord in the Tampa and St. Petersburg area and just purchased my first rental property. I have my first propsective tenant who has put down a deposit to hold along with his application. He's...
Would it be where the "estate" is located or the deceased person? I ask this because sometimes I'll find a case that like most doesn't mention any real estate in the estate and an obituary on the deceased reveals they...
It's undeniable that debt has the power to consume. Anyone who has let credit card debt run amuck can attest to this.
I'm writing this from a place of humility. I have learned some of these lessons the VERY hard wa...
Hi, I am closing on my first house (multi-family) in a week and I will be renting out one of the units. I have seen on BP and other websites that an income of 3-4x is a good rule of thumb while screening for tenants. ...
How do you folks track various expenses (furnishing, food, payroll, local & air transportation, referral fee, licensing fee, repairs/renovation etc.)?Do you link business credit card (or bank account) to QuickBoo...
Real Estate Update
Some data points for March 2023 Median Sales Price: $430,000
New Listings: 2,298 (down 29% compared to March last year)
Days on Market Until Sale: 29
Months Supply...